Services-dependent economies suffering most from COVID-19 crisis: IMF
The economic crisis triggered by the coronavirus pandemic has had the worst impact on countries that depend on the services sector, including tourism industry, IMF Chief Economist Gita Gopinath said. She added that the IMF
The economic crisis triggered by the coronavirus pandemic has had the worst impact on countries that depend on the services sector, including tourism industry, IMF Chief Economist Gita Gopinath said. She added that the IMF sees “profound uncertainty” about the path of recovery and is likely to forecast worse contraction in the global economy than previously estimated for 2020.
